HDFC Bank

q3 earnings: Q3 results this week: RIL, HDFC Bank, ICICI Bank, HUL, UltraTech Cement, Kotak Bank and others

by
q3 earnings: Q3 results this week: RIL, HDFC Bank, ICICI Bank, HUL, UltraTech Cement, Kotak Bank and others

Various widely tracked companies like Reliance Industries, Jio Financial Services, HDFC Bank, Asian Paints, LTIMindtree, IndusInd Bank, Polycab India, HUL, UltraTech Cement, ICICI Bank, and Kotak Mahindra Bank will be releasing their December quarter report cards this week. Here’s a list: January 15Jio Financial Services, Angel One, PCBL, Choice, International, Kesoram Industries, Fedbank Financial Services, … Read more

Short covering rally in Nifty Bank depends on HDFC Bank results: Kunal Shah

by
Short covering rally in Nifty Bank depends on HDFC Bank results: Kunal Shah

A short covering rally in Bank Nifty index hinges on the results of HDFC Bank, given its substantial 30% weightage, says Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities. “HDFC Bank faces an immediate hurdle at Rs 1680, where its 20-DMA is located. A decisive breakout above this level is crucial for accelerating … Read more

stocks to buy | Dixon | Amber: Why Abhay Agarwal prefers Dixon & Amber to Voltas or Blue Star

by
stocks to buy | Dixon | Amber: Why Abhay Agarwal prefers Dixon & Amber to Voltas or Blue Star

Abhay Agarwal, Founder & Fund Manager, Piper Serica, says “outsourced manufacturing as a concept is here to stay and it will reward large players. While there is nothing wrong with branded players like Voltas or Blue Star, we would like to back very efficient, large and getting larger manufacturers like Dixon and Amber purely for … Read more

hdfc bank q3 update: HDFC Bank Q3 Update: Gross advances jump 62% YoY to Rs 24.69 lakh crore

by
hdfc bank q3 update: HDFC Bank Q3 Update: Gross advances jump 62% YoY to Rs 24.69 lakh crore

India’s largest private lender HDFC Bank on Friday reported a 62.4% jump in its gross advances for the quarter that ended December 31, 2023, at Rs 2,469,500 crore versus Rs 1,520,500 crore as of December 31, 2022. The gross advances were up 4.9% sequentially as against Rs 2,354,600 crore reported in the September quarter. Grossing … Read more

market: After a lacklustre 2023, will 2024 be a year of mega-caps?

by
market: After a lacklustre 2023, will 2024 be a year of mega-caps?

Similarly, HDFC Bank has one of the best credit underwriting matrices in the system and consistently gained market share over a long period. The stock is trading at 2.2 times of its book value compared with the long-term average of 3.7. Synopsis Mega stocks such as HDFC Bank, Reliance Industries, ICICI Bank, Infosys, TCS, Axis … Read more

equity market: All in a year: Equity market investors turn richer by Rs 80.62 lakh crore in 2023

by
equity market: All in a year: Equity market investors turn richer by Rs 80.62 lakh crore in 2023

In a memorable year for the equity market, Dalal Street investors added a whopping Rs 80.62 lakh crore to their wealth in 2023 as a raft of positive factors powered a stellar rally in stocks. Experts said India’s strong macroeconomic fundamentals, political stability owing to the BJP’s success in recent elections in three significant states, … Read more

Mcap: Mcap of three of 10 most valued firms jump Rs 70,312.7 cr; Reliance biggest winner

by
Mcap: Mcap of three of 10 most valued firms jump Rs 70,312.7 cr; Reliance biggest winner

The combined market valuation of three of the 10 most valued firms jumped Rs 70,312.7 crore last week, with Reliance Industries emerging as the biggest winner, amid volatile market conditions. From the top 10 pack, Reliance Industries, HDFC Bank and Hindustan Unilever were the gainers, while Tata Consultancy Services (TCS), ICICI Bank, Infosys, State Bank … Read more

Nifty Bank falls more than 1% in a week; breakout above 47,700 may trigger short covering move

by
Nifty Bank falls more than 1% in a week; breakout above 47,700 may trigger short covering move

The Nifty Bank fell more than 1% for the week ended 22 December 2023, tracking the mixed trends seen in Indian markets amid a rise in Covid cases, profit booking at higher levels, and geopolitical concerns. The Nifty Bank fell from 48,143 as on 15th December 2023 to 47,491 recorded on 22 December 2023, which … Read more

Sebi: SAT overturns Sebi order in Karvy case

by
Sebi: SAT overturns Sebi order in Karvy case

Mumbai: The Securities Appellate Tribunal (SAT) quashed market regulator Sebi’s orders against lenders, including Axis Bank, HDFC Bank, ICICI Bank, IndusInd Bank and Bajaj Finance, prohibiting them from revoking the shares pledged by Karvy Stock Broking. The tribunal has allowed Axis Bank to invoke the shares pledged in its favour and asked the Securities and … Read more